SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) today announced results for the fiscal-year
ended December 31, 2016.
Highlights for the fourth quarter 2016 include:
Total revenue of $861 million, growing 10% over the prior year, with
outdoor, fitness, marine and aviation collectively growing 25% over
the prior year quarter and contributing 74% of total revenue
Gross margin improved to 54.7% compared to 52.9% in the prior yearmore...
OLATHE, Kan.--(BUSINESS WIRE)--Garmin International Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), today
announced sponsorship of nine professional cycling teams in 2017,
including five world tour teams and four mountain biking teams.
Garmin will continue to sponsor the Cannondale-Drapac Pro Cycling Team
and the Movistar Team, and welcomes the Astana Pro Team, FDJ Pro Team
and Team Dimension Data for Qhubeka this year. Additionally, Garmin will
continue its support ofmore...
SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--Garmin Ltd. (Nasdaq: GRMN) invites shareholders and investors to listen
to its fourth quarter 2016 earnings conference call that will be
broadcast over the Internet on Wednesday, February 22, 2017 at 10:30
a.m. ET, with executives of Garmin. The call will be held in conjunction
with the company's earnings release, which will be distributed prior to
market open on February 22, 2017.
What: Garmin Ltd. Fourth Quarter 2016 Earnings Callmore...